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PROFESSIONAL_SERVICESAPPROVED

Borough of Haddon Heights Council Meeting Agenda Packet 2026-05-05

Haddon Heights Names Conditional Redeveloper Under MOU

Borough of Haddon HeightsNEW HEIGHTS PROPERTIES GROUP LLCMay 5, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Borough of Haddon Heights approved Resolution 2026:117 appointing New Heights Properties Group, LLC as Conditional Redeveloper. The parties will enter into a Memorandum of Understanding for a 180-day exclusive negotiation period for a redevelopment agreement, with the redeveloper funding interim costs through an escrow account.

Contract Details

Vendor

NEW HEIGHTS PROPERTIES GROUP LLC

Agency

Borough of Haddon Heights, NJ

Contract Type

PROFESSIONAL_SERVICES

Document Date

May 5, 2026

Contract Term

180-day exclusive negotiation period from April 1, 2026

Renewal Date

2026-09-28

Renewal Info

MOU establishes a 180-day interim period of exclusive negotiations; any extension or formal redevelopment agreement would require separate approval.

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